DEVELOPERS HOPE TO CREATE A SHOPPING AND DINING DESTINATION THAT WILL INCLUDE A 14-SCREEN MOVIE THEATER. WHAT IS OLD IS NEW AGAIN IN ELK GROVE. SOAPBOX DERBY'S. LATICIA DORRIT -- LETICIA ORDAZ JOINS US LIVE WITH HOW TEAMS ARE GETTING READY. EXCITEMENT IS IN THE AIR. CHECK OUT THIS CAR. I AM WITH ONE OF THE ORGANIZERS. TELL ME ABOUT THIS TRADITION. THE SOAPBOX DERBY DATES BACK TO THE DEPRESSION IN THE 1930'S. HERE IN ELK GROVE IT DEVELOPED A NATIONAL REPUTATION THAT -- BETWEEN -- BECAUSE BETWEEN 1930 AND 1975, THERE WERE TWO TOP NATIONAL FINISHERS. A MEMBER, THIS WAS A TOWN OF ONLY 5000 PEOPLE BACK THEN. A GREAT LEGACY. THOSE PEOPLE HELPED US GET INVOLVED MANY YEARS AGO, AND WE WANT TO BRING IT BACK. WHAT IS SOAPBOX DERBY? KIDS SEVEN-TO- 18 YEARS OLD COMPETE IN THREE DIFFERENT DIVISIONS. THIS IS FOR A BEGINNER, SEVEN-TO-13 YEARS OLD. THEY ACTUALLY BUILD THE CARS. IT USED TO BE THAT THEY BUILD THEM FROM SCRATCH. THEY COME FROM KIDS. EVERYONE HAS THE SAME EQUIPMENT. THIS IS MY DAUGHTER'S CAR. SHE IS A THREE-TIME SOAPBOX DERBY CHAMPION. SHE FINISHED FIFTH NATIONALLY AT A RACE IN INDIANA A FEW YEARS AGO. A LOT OF FUN IN ELK GROVE. REGISTRATION STARTS AT 7:30 A.M. AND THE RACE STARTS AT 9:30 A.M. THERE WILL BE STREET CLOSURES, INCLUDING AL GROH BOULEVARD,